Link: https://links.sgx.com/1.0.0/corporate-announcements/MAJSPAR6NGHCE9PB/4b5728b5ee8ab959358ca2cbd9f627f5c1d04058da23277a6ebc0e51f383da36

Summary:

• Q3 2025 net profit rose 42.7% year-on-year to RM20.4 million; net margin improved to 3.9%.

• Revenue grew 12.7% YoY to RM529.5 million, lifted by robust sales of refined tin and tin intermediates, and higher average tin price (RM143,500/MT).

• Tin mining segment profit after tax increased 8% YoY to RM24.4 million on higher output and stable pricing.

• Smelting division reduced loss after tax to RM1.6 million (from RM10.3 million loss YoY), helped by better margins and lower FX impact.

• 9M 2025 revenue up 2.8% at RM1.3 billion; net profit dipped to RM42.1 million due to a one-off tax assessment.

• CEO expects continued favourable tin market dynamics—growth in technology-driven sectors and supply constraints support structural tightness.

• Efficiency upgrades at Pulau Indah plant and mining expansion initiatives underway to drive cost advantage and productivity.

• Butterworth smelter decommissioning on track; new facility offers lower carbon footprint and solar energy integration.